The pharma major's consolidated net profit jumped 20.79% to Rs 430 crore in Q1 FY25 as against Rs 356 crore recorded in Q1 FY24.
Revenue from operations grew by 19.12% year on year to Rs 2,118 crore in the quarter ended 30 June 2024.
Profit before tax for the quarter was at Rs 604 crore, up 22.76% from Rs 492 crore reported in the same period a year ago.
Total expense stood at Rs 1593 crore in Q1 FY25, up 16.53% on YoY basis. Cost of material consumed was at Rs 893 crore (up 7.72% YoY) and employee benefit expenses stood at Rs 292 crore (up 11.03% YoY) during the period under review.
Forex loss for the current quarter amounted to Rs 1 crore as against a gain of Rs 3 crore posted in Q1 FY24.
On standalone basis, the companys net profit surged 24.64% to Rs 430 crore on 19.25% rise in revenue to Rs 2,063 crore in Q1 FY25 over Q1 FY24.
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Divis Laboratories is engaged in the manufacture of active pharmaceutical ingredients, intermediates and nutraceutical ingredients.
Shares of Divis Laboratories gained 1.40% to end at Rs 4,990.35 on Friday, 2 August 2024.
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